Business

About Business News...

Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.

Government, Business

Movers Seek Hours-of-Service Exemption

The American Moving & Storage Association has applied for an exemption for its 3,700 member companies from federal regulations preventing motor carriers from driving following the 14th hour after coming on duty.

Eric Miller | Senior Reporter
September 10, 2014

Best Trucking Accounting Software 2024

If you’re simply looking for a bookkeeping tool, you can stop reading here, and look no further than QuickBooks. If you’re embracing the notion that trucking accounting goes far beyond that, or want to have a more expansive trucking accounting system of which QuickBooks is a key part, then read on.

Business, Safety, Government, Technology, Equipment, Autonomous

Cass Freight Index Rises in August

The Cass Freight Index, a measure of shipping activity in trucking and other transportation modes, rose in August but expenditures dipped, Cass Information Systems said.

September 9, 2014
Business

Vigillo Expands Athena Data-Mining Platform

Vigillo is offering new fuel and maintenance dashboards within its Athena “big-data” platform, representing a further expansion of the company’s data analytics capabilities.

Seth Clevenger | Managing Editor, Features and Multimedia
September 9, 2014
Business, Logistics

Three Ocean Carriers Plan New Alliance

France’s CMA CGM, the world’s third-largest container shipping company, has signed an equipment sharing alliance with China Shipping Container Line and United Arab Shipping as carriers continue to seek new partners.

September 9, 2014
Business

Quantum, Mainstay Form Alliance for CNG Tanks

Quantum Fuel Systems Technologies said it has partnered with Mainstay Fuel Technologies to offer a back-of-cab compressed natural-gas system for heavy-duty trucks.

September 9, 2014
Business

Manitoulin Acquires LTL Division of Westcan Freight

Manitoulin Transport announced that it has acquired the less-than-truckload and van freight business of Edmonton-based Westcan Freight Systems. Terms were not disclosed.

September 9, 2014
Government, Business

DOT Announces $950 Million TIFIA Loan for Florida’s I-4 Project

WASHINGTON — Transportation Secretary Anthony Foxx announced on Sept. 9 that the Interstate 4 widening project in Orlando, Fla., will receive a DOT loan for $950 million.

Eugene Mulero | Senior Reporter
September 9, 2014
Business, Logistics

Swift Execs Skip Conference as Phoenix Floods

Executives from Swift Transportation Co., scheduled to make a presentation at a Las Vegas conference, were forced to cancel due to record floods in Phoenix, where the company is based.

September 9, 2014
Business

Mack Introduces MP7 Super Econodyne Powertrain

Mack Trucks introduced the MP7 405 Super Econodyne powertrain, which the company says boosts fuel efficiency and will be available with 405 horsepower and 1,560 pound-feet of torque.

September 9, 2014
Business

Consumer Credit Surges on Loans for Automobiles

Consumer borrowing in the U.S. rose more than forecast in July as non-revolving loans including those for cars climbed by the most in three years.

September 9, 2014